Housing starts
Kelowna housing starts twice historic average in 2023
The number of building permits for new homes in Kelowna in 2023 was almost double…
Kamloops and Kelowna lagging behind in new home construction
Despite the huge demand for housing in Canada, the country as a whole, along with…
Kamloops, Kelowna bucking national trend of falling housing starts
At a time when there is a desperate need for more housing, the number of…
Housing starts up this year in Okanagan but down in Kamloops
At a time when the market for used homes has softened, the pace of construction…
Kelowna ripe to explode with new construction as COVID-19 restrictions ease
The City of Kelowna was flooded with a record number of development applications in the…
Unemployment fell to an historic low in the Central Okanagan last year
Even though the Central Okanagan’s workforce grew by 2,700 people last year the unemployment rate…
Kelowna housing construction decreased in 2018, while other Interior cities see new apartment boom
The City of Kamloops saw a boom in construction last year, almost doubling the number…
Apartment construction leads majority of housing starts in Kelowna, Kamloops
The housing start data for Kelowna, Kamloops and Vernon is in for the month of…
Despite some weak spots, Central Okanagan economy is holding up well
CENTRAL OKANAGAN – Despite a slowdown in construction starts and a drop in building permit…
Housing starts holding strong in the Okanagan
OKANAGAN – Housing starts were strong in Kelowna and Vernon last month, while Penticton held…
Housing starts make double-digit jump in Kelowna
CENTRAL OKANAGAN - New house construction is climbing in the Central Okanagan, underscoring the strength in the local resale market. "Demand for new homes has matched supply, keeping inventories of completed and unabsorbed homes in check," Canada Mortgage and Housing Corporation regional economist Carol Frketich says in a press release. In its preliminary housing starts...
Building permit activity increases in Kamloops
KAMLOOPS – July saw some big increases over last year when it comes to construction activity in the city but the value of construction starts is still well below last year. After a strong start to the year, and then a plateau in May and June, building permit activity has increased again in July. At...
Building permits remain status quo in June
KAMLOOPS – June saw little change over last year when it comes to building permits issued in the city. Housing starts in Kamloops were on an upswing during the first few months of 2015, but this past May they declined and now June they have plateaued. Single family housing permits issued were exactly the same...
Vernon sees strongest housing starts in years
VERNON - The City of Vernon is boasting its highest number of housing starts in six years. There were 255 housing starts in 2014, the highest number since 2008, which saw 368 starts. Meanwhile, overall building permit values jumped to $93 million, almost doubling the $50 million in 2013. It’s all good news in the...
Single family permits up
KAMLOOPS - The lastest numbers are in and show building permits for single family houses continue to rise a couple permits per month in Kamloops. Multi family permits issued in May were on pace with May 2013, though the year to date numbers are still down significantly. There were 22 permits issued for single family...